12,979 Shares in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) Bought by Wolverine Asset Management LLC

Wolverine Asset Management LLC purchased a new stake in BlackRock ESG Capital Allocation Term Trust (NYSE:ECAT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 12,979 shares of the company’s stock, valued at approximately $213,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. US Bancorp DE bought a new position in shares of BlackRock ESG Capital Allocation Term Trust in the 3rd quarter valued at about $426,000. Shaker Financial Services LLC acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth approximately $275,000. Beckerman Institutional LLC acquired a new position in shares of BlackRock ESG Capital Allocation Term Trust during the 3rd quarter worth approximately $1,352,000. Oppenheimer & Co. Inc. raised its stake in shares of BlackRock ESG Capital Allocation Term Trust by 1.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 274,525 shares of the company’s stock worth $4,870,000 after purchasing an additional 2,805 shares in the last quarter. Finally, Kovack Advisors Inc. acquired a new stake in shares of BlackRock ESG Capital Allocation Term Trust in the 3rd quarter valued at approximately $444,000.

BlackRock ESG Capital Allocation Term Trust Stock Performance

Shares of ECAT opened at $16.61 on Monday. The company’s fifty day simple moving average is $16.73 and its 200 day simple moving average is $17.17. BlackRock ESG Capital Allocation Term Trust has a 1-year low of $15.95 and a 1-year high of $18.14.

BlackRock ESG Capital Allocation Term Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.307 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $3.68 annualized dividend and a dividend yield of 22.19%.

BlackRock ESG Capital Allocation Term Trust Company Profile

BlackRock ESG Capital Allocation Trust’s (ECAT) (the ‘Trust’) investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust invests in a portfolio of equity and debt securities. Generally, the Trust’s portfolio will include both equity and debt securities.